It looks like crypto investors may have to forget about a summer rally, as trading veteran Peter Brandt has provided the market with a fresh breakdown of the defensive ProShares UltraShort Bitcoin ETF (SBIT), whose structure allows investors to profit from a decline in the leading cryptocurrency with double leverage (-2x).
Wintermute flags persistent ETF outflows and weak inflows as BTC slides to September 2024 lows
The Clarity Act could position the US as a global crypto leader by providing regulatory certainty, fostering innovation, and enhancing investor protection. Tim Scott says Clarity Act makes Bitcoin safer and more transparent.
Geopolitical tensions impact global markets, highlighting the fragile balance between diplomacy and economic stability amid fluctuating crypto values. Donald Trump, Benjamin Netanyahu discuss ceasefire in phone call as Bitcoin drops to $63K.
Bitcoin's drop toward $60,000 last week exposed how quickly a shift in investor appetite can turn into forced selling when leverage has been rebuilt beneath the surface of the crypto market.
Strive's growing Bitcoin holdings amplify its market influence, tying its stock performance closely to Bitcoin's volatile price dynamics. Strive buys 32 Bitcoin for $2.1M, pushing total holdings to 19,032 BTC.
U.S. searches for “Bitcoin to zero” hit a record high amid the crash. Could it happen?
Bernstein said bitcoin's increasingly diversified ownership base supports its long-term store-of-value thesis.
Bitcoin's crash over the weekend has brought the $60,000 level back into the market conversation, but crypto analyst Merlijn The Trader believes the real opportunity may come at a lower price. Technical analysis comparing the current Bitcoin structure with the 2022 Wyckoff accumulation phase shows that buying the current bounce would be a costly mistake because the real accumulation window has not even opened yet.
Crypto prices rose on Monday following last week's crash, but the bears still appear to be in control.
Saylor “finally selling” sparked fear & knee-jerk selling among smaller investors who never looked past the clickbait.
SpaceX and Tesla chief executive Elon Musk could be about to trigger bitcoin's next price boom